According to ChainCatcher, according to CoinDesk, Pipe Network, an Internet infrastructure network that supports crypto incentives, has completed a $10 million financing round led by Multicoin Capital.
David Rhodus, CEO of Permissionless Labs, a startup that built Pipe Network, said that in the conception, people can quickly expand CDN nodes where they are most needed by lending existing computing power. Their computers will help end users access cached content that may be difficult to deliver quickly because it is far away from the hosting server.
Pipe Network will be built on the Solana network and plans to launch a testnet at the Breakpoint conference in Singapore.
